Fundamental Analysis: Rupee : The rupee dropped towards one-month lows on Thursday, dropping for the fourth straight session, as weak global shares pushed down regional equity markets and other regional units. the partially convertible rupee was at 47.57/58 per dollar, its lowest since Oct. 5, and weaker than its previous close of 47.34/35. Foreign portfolio inflows into local shares are a key driver for the rupee. Foreigners have bought a net $14.4 billion of local equities so far this year, after being sellers of more than $13 billion in 2008.